PR Newswire·Sep 10, 2026, 7:34 PM ET

Thomson Reuters Announces Pricing of Public Offering of US$1,300,000,000 Notes and Canadian Private Placement of C$1,000,000,000 Notes

TRI

Thomson Reuters announced the pricing of a U.S. public offering by subsidiary TR Finance LLC for $800 million of 5.100% notes due 2028 and $500 million of 5.750% notes due 2033.
The company also executed a Canadian private placement by Thomson Reuters Corporation for $350 million of 4.130% notes due 2029, $350 million of 4.480% notes due 2031, and $300 million of floating rate notes due 2029 based on daily compounded CORRA plus 0.76%.
Both the U.S. public offering and the Canadian private placement are expected to close on September 17, 2026.
Net proceeds are projected to be approximately $1,294,842,000 from the U.S. Notes and C$997,027,500 from the Canadian Notes.
Proceeds will be used for general corporate purposes, including repaying existing indebtedness under the commercial paper program.
Interest on U.S. Notes and fixed-rate Canadian Notes will be paid semi-annually, while interest on floating-rate Canadian Notes will be paid quarterly.
U.S. Notes will be issued by TR Finance LLC with full guarantees from Thomson Reuters Corporation and subsidiary guarantors, while Canadian Notes will be issued by Thomson Reuters Corporation with guarantees from subsidiary guarantors.
The U.S. offering is co-led by RBC Capital Markets, BofA Securities, Barclays, and Mizuho, whereas the Canadian private placement is co-led by RBC Capital Markets, BMO Capital Markets, and TD Securities.
Canadian Notes are restricted to investors resident in Canada and are not registered under U.S. securities laws.